Contingency In Law Meaning In Pennsylvania
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A contingency is something that might happen in the future. formal I need to examine all possible contingencies. Synonyms: possibility, happening, chance, event More Synonyms of contingency.
Contingency refers to an event that may or may not occur in the future. In other words, it depends on fulfillment of a condition, which is uncertain or incidental.
Contingent adj 1 : likely but not certain to happen compare executory. 2 : intended for use in circumstances not completely foreseen a fund 3 : dependent on or conditioned by something else a claim a legacy on the marriage compare vested.
Contingent means that an event may or may not occur in the future, depending on the fulfillment of some condition that is uncertain. This term is often used in contracts where the event will not take effect until the specified condition occurs.
/kənˈtɪn.dʒənt/ contingent on/upon something. depending on something else in the future in order to happen: Outdoor activities are, as ever, contingent on the weather.
A contingent job offer is like a “pre-offer” that hinges on certain conditions being met.
Definition of contingent (on or upon) as in dependent. determined by something else the train's scheduled departure is contingent on the prompt fixing of the mechanical fault. dependent.
The average contingency rate falls between 20-40%, with most lawyers charging around 33% to 35% of the total amount recovered in a case. The exact percentage can vary depending on the complexity of the case, the lawyer's experience, and the stage at which the case is resolved.
The Most Common Cases that Do Not Operate on Contingency Fees Criminal defense cases. Divorce attorneys. Family law attorneys. Domestic relations cases. Business-related cases. Contracts and closings.
